Recently, a new type of token has exhibited interesting technical features. From the candlestick chart, this coin first surged to $0.18888, touching the phase top, then retraced to a low of $0.14418 before finding support. Its subsequent performance was quite steady—price gradually oscillated higher from the bottom, ultimately closing at $0.15983, with a daily gain of 6.70%. The single-day trading volume exceeded 449 million USDT, with a total volume of 2.696 billion. Although there was some fluctuation in trading activity during the rebound, participation remained strong, indicating that buyers indeed stepped in at the low levels.
From a broader time frame perspective, the resilience of this coin is quite commendable. It increased by 27.01% over 7 days and 35.52% over 30 days. Such medium-term gains suggest that the upward trend has not been disrupted by mid-term oscillations. Although there was some resistance after the peak at $0.18888 during the pullback, as long as the key support at $0.1450 holds, the overall bullish pattern remains intact.
From a trading standpoint, here are some key points for those looking to participate in this rally: First, avoid chasing the high. A more ideal entry zone would be between $0.1500 and $0.1550, where buying on dips would be more comfortable. The initial target can be set at $0.1600, with a secondary target at $0.1700. If the price truly breaks the previous high, $0.1800 is also within sight. However, it’s important to remember that the $0.1450 level is critical—if it breaks, the short-term upward trend is likely to weaken, so setting stop-losses is crucial.
For those considering short positions, the current risk-reward ratio is not very favorable. After all, this type of coin that finds support at low levels and gradually moves higher is prone to rebound risks if traded against the trend. Conversely, a long position is more reasonable—waiting patiently for a pullback and positioning at relatively low levels can help better capture subsequent upward movements. Overall, as long as the $0.1450 support remains intact, holding a light long position is a viable strategy.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
6
Repost
Share
Comment
0/400
DuskSurfer
· 18h ago
It's the same bottom support routine again. I've seen many coins with sufficient volume at low levels. The key is to hold the 0.145 line; if it breaks, it will be awkward.
View OriginalReply0
ThreeHornBlasts
· 01-11 13:52
0.145 this line really needs to hold, once broken you have to run
---
Buying the dip is much more comfortable than chasing highs, I'm just waiting for a pullback now
---
27% 7-day increase is good, but don't be fooled, stop-loss is the most important
---
From a cost-performance perspective, the bulls are still more reliable, shorting is easily swept away
---
The trading volume is so substantial, indicating that someone is indeed taking the position, not a fake rally
---
Target levels are 0.16, 0.17, 0.18, but the premise is that 1450 must not be broken
---
Just a light position is enough, don't think about going all-in
---
The resilience of this rebound is quite good, the key is whether it can hold the low support
---
Don't chase that 0.188 high point, it's meaningless, wait for a dip to buy
---
A 6.7% daily increase is good, but with such a large medium-term gain, be cautious
View OriginalReply0
just_another_fish
· 01-11 13:50
0.145 broken? If it's not broken, just keep lying down, no need to bother.
View OriginalReply0
governance_ghost
· 01-11 13:46
Feeling solid at a low position is still comfortable, just don't be reckless and chase the high, brother.
---
It's that same argument of $0.1450 not breaking and then continuing to rise, I've heard it too many times haha.
---
Wait, isn't the 2.696 billion trading volume a bit fake?
---
I need to hold the range between 0.15 and 0.155, really don't want to get trapped again.
---
The bullish trend is indeed attractive, the key is to have patience and wait for the pullback.
---
This wave of gains still feels reliable; the volume doesn't lie.
---
Once 0.145 collapses, just run, no need to gamble.
---
This coin is a bit interesting; the continuous oscillation and upward momentum seem to be able to continue.
---
Not to mention, stop-loss positions must be set properly; too many people get caught on this.
View OriginalReply0
UnluckyMiner
· 01-11 13:33
Holding support during this wave is indeed comfortable, but I'm worried it might be a fleeting moment.
Wait, is the 0.145 level really that strong? It feels like it will be broken through eventually.
With this volume, it does look like buying pressure is there, but who can guarantee it's not just big players shaking out their positions?
I just want to ask, how did the previous similar trend end?
View OriginalReply0
DefiEngineerJack
· 01-11 13:31
well, *actually* if you look at the order book microstructure here, that $0.1450 support is basically just a psychological level—nothing formally verified about it, tbh. the real alpha is in recognizing the volume profile asymmetry between the pump and the consolidation phases... but yeah sure, "low absorption = bullish" is the normie take i guess 🙄
Recently, a new type of token has exhibited interesting technical features. From the candlestick chart, this coin first surged to $0.18888, touching the phase top, then retraced to a low of $0.14418 before finding support. Its subsequent performance was quite steady—price gradually oscillated higher from the bottom, ultimately closing at $0.15983, with a daily gain of 6.70%. The single-day trading volume exceeded 449 million USDT, with a total volume of 2.696 billion. Although there was some fluctuation in trading activity during the rebound, participation remained strong, indicating that buyers indeed stepped in at the low levels.
From a broader time frame perspective, the resilience of this coin is quite commendable. It increased by 27.01% over 7 days and 35.52% over 30 days. Such medium-term gains suggest that the upward trend has not been disrupted by mid-term oscillations. Although there was some resistance after the peak at $0.18888 during the pullback, as long as the key support at $0.1450 holds, the overall bullish pattern remains intact.
From a trading standpoint, here are some key points for those looking to participate in this rally: First, avoid chasing the high. A more ideal entry zone would be between $0.1500 and $0.1550, where buying on dips would be more comfortable. The initial target can be set at $0.1600, with a secondary target at $0.1700. If the price truly breaks the previous high, $0.1800 is also within sight. However, it’s important to remember that the $0.1450 level is critical—if it breaks, the short-term upward trend is likely to weaken, so setting stop-losses is crucial.
For those considering short positions, the current risk-reward ratio is not very favorable. After all, this type of coin that finds support at low levels and gradually moves higher is prone to rebound risks if traded against the trend. Conversely, a long position is more reasonable—waiting patiently for a pullback and positioning at relatively low levels can help better capture subsequent upward movements. Overall, as long as the $0.1450 support remains intact, holding a light long position is a viable strategy.